Eagle Bancorp Montana Inc (EBMT) is Glacier Peak Capital LLC’s 5th Largest Position
Glacier Peak Capital LLC raised its holdings in Eagle Bancorp Montana Inc (NASDAQ:EBMT) by 1.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 392,786 shares of the bank’s stock after purchasing an additional 6,186 shares during the period. Eagle Bancorp Montana accounts for about 4.9% of Glacier Peak Capital LLC’s holdings, making the stock its 5th biggest position. Glacier Peak Capital LLC owned 7.19% of Eagle Bancorp Montana worth $8,150,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of EBMT. US Bancorp DE grew its stake in Eagle Bancorp Montana by 21.9% during the fourth quarter. US Bancorp DE now owns 17,229 shares of the bank’s stock valued at $361,000 after acquiring an additional 3,098 shares in the last quarter. Deutsche Bank AG grew its stake in Eagle Bancorp Montana by 37.9% during the fourth quarter. Deutsche Bank AG now owns 13,333 shares of the bank’s stock valued at $279,000 after acquiring an additional 3,664 shares in the last quarter. Thomson Horstmann & Bryant Inc. grew its stake in Eagle Bancorp Montana by 6.5% in the 1st quarter. Thomson Horstmann & Bryant Inc. now owns 103,367 shares of the bank’s stock worth $2,144,000 after buying an additional 6,268 shares in the last quarter. Renaissance Technologies LLC grew its stake in Eagle Bancorp Montana by 58.8% in the 4th quarter. Renaissance Technologies LLC now owns 41,600 shares of the bank’s stock worth $872,000 after buying an additional 15,400 shares in the last quarter. Finally, Maltese Capital Management LLC grew its stake in Eagle Bancorp Montana by 14.3% in the 1st quarter. Maltese Capital Management LLC now owns 200,000 shares of the bank’s stock worth $4,150,000 after buying an additional 25,000 shares in the last quarter. Hedge funds and other institutional investors own 44.19% of the company’s stock.
EBMT has been the subject of a number of research reports. FIG Partners reissued an “outperform” rating on shares of Eagle Bancorp Montana in a research note on Thursday, April 26th. Zacks Investment Research raised shares of Eagle Bancorp Montana from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 10th. Finally, ValuEngine cut shares of Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research note on Monday, May 7th.
Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Tuesday, April 24th. The bank reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.10). Eagle Bancorp Montana had a return on equity of 7.25% and a net margin of 9.04%. The company had revenue of $9.53 million during the quarter, compared to analysts’ expectations of $12.68 million. sell-side analysts expect that Eagle Bancorp Montana Inc will post 1.18 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, June 1st. Shareholders of record on Friday, May 11th were paid a $0.09 dividend. The ex-dividend date was Thursday, May 10th. This represents a $0.36 dividend on an annualized basis and a yield of 1.86%. Eagle Bancorp Montana’s dividend payout ratio is presently 28.35%.
In other news, CEO Peter Joseph Johnson sold 5,697 shares of the business’s stock in a transaction that occurred on Wednesday, May 2nd. The shares were sold at an average price of $19.66, for a total value of $112,003.02. Following the completion of the sale, the chief executive officer now directly owns 94,326 shares in the company, valued at approximately $1,854,449.16. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Rick Hays acquired 2,500 shares of the stock in a transaction dated Monday, May 7th. The stock was acquired at an average price of $19.79 per share, with a total value of $49,475.00. Following the completion of the acquisition, the director now owns 24,601 shares in the company, valued at approximately $486,853.79. The disclosure for this purchase can be found here. 6.90% of the stock is owned by insiders.
Eagle Bancorp Montana Company Profile
Eagle Bancorp Montana, Inc operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services in Montana. The company offers one-to-four family residential mortgage loans; commercial real estate loans; real estate construction loans; home equity loans; commercial business loans consisting of business loans and lines of credit on a secured and unsecured basis; and consumer loans comprising loans that are secured by collateral other than real estate, such as automobiles, recreational vehicles, and boats.
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